As Systemax, No. 19 on the CRN SP500 list, saw another multimillion loss in its year-end earnings report, it announced in its fourth-quarter earnings call that it would shutter its retail business and significantly cut back on costs across the business.

After reports emerged on Friday that CSC was in talks over a two-buyer buyout, more reports are now naming the parties involved in the acquisition talks as Capgemini and private equity firm Carlyle Group.

Insight CEO Ken Lamneck discusses how his company will weather costly vendor partner program changes, why they have recently hired 160 people and opportunities associated with the end of support for Windows Server 2003.

In the latest case development, a former top-level Systemax executive is asking for a reduced sentence in wake of good behavior, and revealed a history of substance abuse after he pleaded guilty last month to fraud and tax evasion. He also admitted to hundreds of thousands of dollars in vendor kickbacks.